Could someone help me understand how PIQ will be 'cash positive' - looking at the results the OPEX is close $1M just for this quarter alone?
Revenue was $206k.
R&D Projection for next quarter is guided at $450k - assuming this normal quarterly spend.
Carrying over Staff and Admin at nearly $300k
Carrying over Manufacturing and Marketing at close to $100
So we have a general run rate of around $850k per quarter.
Revenue needs to be at least $800k per quarter? ??
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